Karachi Cotton Association prices – Nov 10

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KARACHI, Pakistan, Nov 10 (Reuters) - The Karachi Cotton Association on 
Tuesday fixed the official spot rate, 
or base price, for Grade 3 cotton at 5,680 rupees per maund (40 kg). 
   Grade 3 cotton has a staple length of 1-1/16" and micronaire value between 
3.8 and 4.9 NCL (no control limits), which represents fine to coarse classes of 
cotton varieties.   
   In the kerb market, the key crop varieties traded in the range of 5,250 to 
5,575 rupees per maund. 
   The following are the grade and staple margins for Nov 1 to Nov 15:         
 GRADE   31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8" 
                                                        
 Super   n/a       n/a      n/a      n/a      n/a      n/a 
 1       n/a       n/a      27       107      188      268 
 2       n/a       n/a      -27      54       134      214 
 3       n/a       n/a      -80      BASE     80       161 
 4       n/a       n/a      -102     -322     -241     n/a 
 5       n/a       n/a      -509     -429     n/a      n/a 
  
 (Compiled by the Karachi newsroom)

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